4. Nifty Feb OI has decreased by massive 57 lakh .Total OI stands at 1.64 cores contracts.Rollover have started and 70 Lakh got rollovered to March series implying whole 57 Lakh got rollovered with fresh 13 lakh addition. Will Bullishness be carried over to March Series ?

5. As 57 Lakhs got rollovered today when Nifty March Future made a low of 5614 and High of 5674 implying 5614 be an important support levels for March Series.

7.Total F&O turnover was 1.53 Lakh cores with highest Volume traded in Feb series 392545 . As we are nearing expiry expect market to be volatile in a tight range.

9. Today FII average traded price for NF comes at 3911 and today traded quantity once of the highest in series implying they are also doing day trading at higher level.

10. How bullish the street has turned Nifty Spot closes at 5607 and March Future at 5663 Premium of 56 Points ;).

11. 5600 CE is having highest OI of 51 Lakhs as expiry is just 2 days away still no Call Option OI above 80 lakhs shows the fear in Call Writers, 5400 PE is having the highest OI 71 Lakhs. 5400 looks like a firm base.

12 . We talked about the 5600 PE writers as they were in win win situation in our last post today premium got decreased by 25 points

12. Today we had a quick points on intrady based on SAR levels as we longed around 5581 and covered all at 5622 as per update on Facebook page.

Buy above 5623 Tgt 5652,5690,5720

Sell below 5596 Tgt 5562,5534 and 5500 Intra day Players can use the Levels.

All levels mentioned are SPOT levels.

While selling the Greece news ie Buy on Rumuour and Sell on News is the obvious move with USA and European market correction , Macro Man reminds it’s the ECB and its LTRO which is the more important market driver right now. The gush of liquidity (with more to come on Feb. 29) has stopped sovereign risk from spreading to the banks. If anything, post-bailout dips should be bought.

Let me go by Disclaimer these are my personal views and trade taken on these observation should be traded with strict Sl

We do discussion is Live market to update Nifty levels If you are interested you can LIKE the page to get Real Time Updates.

DISCLAIMER

All the views and contents mentioned in this site are merely for educational purposes and are not recommendations or tips offered to any person(s) with respect to the purchase or sale of the stocks / futures. I do not accept any liability/loss/profit occurring from the use of any content from this site. All readers of this site must rely on their own discretion and consult their own investment adviser.